Katsina State House of Assembly has passed an executive bill for the establishment of a contributory pension scheme in the state.
The bill, presented by Governor Aminu Masari, was passed by the assembly during its plenary, presided over by the Speaker, Alhaji Tasi’u Maigari.
The passage of the bill followed the presentation of the report of an ad-hoc committee, chaired by Deputy Speaker, Alhaji Shehu Dalhatu-Tafoki.
Dalhatu-Tafoki said the committee was named “ad-hoc committee on contributory defined benefit pension scheme.”
He explained that the bill was an embodiment of a proposal from the executive for the introduction of a new pension policy for the state.
According to him, “The presentation of the bill itself was in line with the reform of the pension system initiated by the Federal Government in 2004. The reform culminated in the enactment of the Pension Reform Act, 2014(as amended). The new act has made it mandatory for states, local governments and private sectors to adopt and implement the contributory scheme for their employees.”
